Q3 results, Feb 6: Hero MotorCorp, ITC, MRF, Airtel to post earnings today

Q3 company results, February 6: Hero Motorcorp, NMDC, PVR INOX, State Bank of India, JK Lakshmi Cement, and Apollo Tyres will release their reports for the Oct-Dec 2024 quarter

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Vasudha Mukherjee New Delhi

7 min read Last Updated : Feb 06 2025 | 5:20 PM IST

ITC, MRF, and REC will be among 173 companies set to announce their earnings for the third quarter (Q3) of the financial year 2024-25 (FY25) on Thursday, February 6. Hero MotoCorp and State Bank of India will also release their performance report for the October-December quarter.

Other key companies on the list include Bharti Airtel, NMDC, PVR INOX, REC, JK Lakshmi Cement, and Apollo Tyres.

Stocks to Watch, Feb 6

ITC Q3 results preview

Brokerages tracked by Business Standard predict that ITC's adjusted net profit will decline by 3.5 per cent in the quarter ending December 31, 2024, averaging Rs 5,151.12 crore, compared to Rs 5,340 crore in the same period last year. This decline is primarily attributed to the lower tax rate in the base quarter.

ALSO READ: ITC Q3 preview: Cigarette volume may remain resilient; FMCG biz to grow 6%

Hero MotoCorp Q3 preview

Analysts expect steady performance for Hero MotoCorp, with revenue growth driven more by higher average selling prices (ASPs) than by increased sales volume. Revenue is projected to rise 3 per cent to 5 per cent year-on-year, supported by a stronger product mix and the growing popularity of 125cc motorcycles. Margins may see a small decline or slight improvement, while Ebitda and net profit are expected to grow by 4 per cent to 5 per cent.

Hero MotoCorp Q3 Preview: Net profit may climb up to Rs 1,130 crore YoY

SBI Q3 results preview

State Bank of India (SBI), the largest government-owned bank, is expected to deliver strong results for the October-December quarter. Analysts predict that the public sector bank (PSB) will report double-digit net profit growth, driven by robust loan book expansion and stable asset quality.

Preview: Will SBI Q3 profit rise or fall? Provisions hold key, say analysts

Airtel Q3 results preview

Analysts also expect Bharti Airtel to report the highest revenue growth and subscriber additions among telecom operators for the third quarter of FY25. Airtel's revenue growth in Q3 is projected to be the fastest, increasing by 5 per cent sequentially, compared to 3 per cent for Reliance Jio and Vodafone Idea (Vi). Additionally, Airtel's annual mobile revenue growth is expected to rise by 16 per cent, according to an analyst note from IIFL Capital.

Bharti Airtel Q3 results today: Analysts expect Arpu growth to drive profit

Market review

Benchmark indices BSE Sensex and NSE Nifty50 closed lower on Wednesday, February 5. The Sensex dropped 312.53 points (0.40 per cent) to end at 78,271.28, trading between 78,735.41 and 78,226.26. The Nifty50 declined by 42.95 points (0.18 per cent) to close at 23,696.30, with a high of 23,807.30 and a low of 23,680.45.

Today, both indices opened higher, driven by mixed global cues. The Sensex rose 233.17 points (0.30 per cent) to 78,504.45, while the Nifty50 gained 34.85 points (0.15 per cent) to reach 23,731. Follow the latest market updates here: Stock Market LIVE Updates

Investors are awaiting the Reserve Bank of India’s interest rate decision on February 7 and monitoring factors like foreign institutional investors' selling of Indian equities and President Donald Trump's plans for the Gaza Strip. Additionally, Q3 results from companies like State Bank of India, Hero MotoCorp, ITC, and Britannia Industries are in focus.

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